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July 27, 2017 01:08 pm GMT
Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company. As for ShoreTel, while it… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3nGm1yag-k0/
Mitel to buy ShoreTel for $430 million to create unified communications powerhouse
Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company. As for ShoreTel, while it… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/3nGm1yag-k0/
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